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Red Light Holland (CSE:TRIP) collaborates with Psychedelic Medicine Alliance to legalize psilocybin in Washington State

Psychedelics
CSE:TRIP
18 January 2022 10:00 (EDT)
Red Light Holland - Director and CEO, Todd Shapiro (Right).

Source: Daily Hive.

Red Light Holland (TRIP) is collaborating with Psychedelic Medicine Alliance Washington to promote a psilocybin legalization bill in Washington State.

The proposed Senate Bill 5660 would legalize the use of psilocybin by people 21 years of age and older. Originally sponsored by Senators Jesse Salomon and Liz Lovelett, the bill, known as the Washington Psilocybin Wellness and Opportunity Act, is based on the Oregon model.

The bill would include features such as a social opportunity program to help address harms caused by the war on drugs, a provision to support small businesses, and accommodations for people with certain medical conditions to receive psilocybin sessions at home.

“Passage of this bill would be a huge step for Washington State, which has been heavily impacted by the overdose crisis and mental health epidemic,” said PMAW co-director Tatiana Luz Quintana. “Legalizing psilocybin will provide much-needed access to natural alternative medicines that are proven to work.”

To advance the bill, the Health and Long-Term Care Committee must place it on the agenda by Feb 10, 2022.

Red Light Holland has hired James Paribello, a lobbyist recommended by Psychedelic Medicine Alliance Washington (PMAW). Mr. Paribello has provided government affairs services and lobbying for cannabis regulation, economic development, election reform, health care, and clean energy for over 20 years.

“By dismantling the stigma and the taboos surrounding psychedelics, […] we may be on the cusp of providing new levels of health and wellness to Washington in the safest and most equitable way possible,” said Mr. Paribello.

Red Light Holland will also be starting a social media campaign to encourage Washington State residents to share how psilocybin has helped them or their loved ones and reach out to the heads of the Health and Long-Term Care Committee and their local government representatives.

“Our mission has always been to increase accessibility to naturally occurring psilocybin,” said Red Light Holland CEO Todd Shapiro, “which is why we are taking on this cause not only for the benefit of our company but for the benefit of everyone in Washington.”

Red Light Holland is an Ontario-based corporation engaged in the production, growth, and sale of a premium brand of magic truffles.

Shares in Red Light Holland (TRIP) are currently down 2.94 per cent, trading at $0.165 per share as of 9:37 am EST.

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